Prosperity, Inc.

Prosperity, Inc. specializes in providing innovative artificial grass solutions for residential and commercial applications, focusing on quality and sustainability. Prosperity, Inc. is a provider of synthetic turf solutions, founded in 2008 and headquartered in Montclair, US.

The company underwent a significant change in ownership when Controlled Products, LLC acquired a majority stake in November 2019. Marty Santini serves as the CEO of the company. The company has completed a total of 1 deal over its history, with its most recent deal occurring on November 12, 2019. Purchase Green is a leading provider of artificial grass solutions, specializing in synthetic turf products that cater to both residential and commercial applications.

Their core offerings include a variety of artificial grass types designed for lawns, landscaping, putting greens, playgrounds, and pet-friendly areas, all aimed at delivering low-maintenance and aesthetically pleasing outdoor spaces. The company's products are designed to meet the needs of homeowners, landscape contractors, and businesses looking for sustainable and durable grass alternatives. With over 60 showrooms and warehouses across the United States, Purchase Green serves a diverse client base, ranging from individual DIYers to professional landscapers and construction companies. Their commitment to customer service is reflected in the comprehensive support offered for installation and maintenance, ensuring that clients can achieve their desired outdoor environments effectively.

Purchase Green generates revenue primarily through the sale of artificial grass and associated installation materials. The company operates on a direct-to-consumer model as well as through partnerships with landscape professionals and installation contractors. This business structure facilitates a steady stream of transactions, with clients purchasing products either for personal use or for resale within their own landscaping services. Flagship products include various types of synthetic turf tailored for specific applications, such as playground surfaces and pet turf, all priced competitively to enhance market accessibility.

Purchase Green's revenue model is supported by exclusive discounts for Pro Partners, further incentivizing bulk purchases among landscaping professionals. This integrated approach aims to streamline the buying process, ensuring customers receive high-quality products along with essential installation support. Future growth for Prosperity, Inc. revolves around expanding its product offerings and market reach.

The company plans to develop and launch new types of synthetic turf products by the end of 2023, targeting both the residential and commercial sectors. Additionally, they aim to enter new geographic markets, including the southern and eastern regions of the United States, by 2025. The recent acquisition by Controlled Products, LLC will provide the necessary capital and market expertise to support these initiatives.